The former Manchester United striker has been a free agent since his contract expired in the summer, but the new Canaries boss says he isn't aware of any move for him
The Canaries have picked up one point from their first two games, getting a draw at home to QPR after an opening day pummeling at the hands of Fulham.
But while Hughton says he is looking to improve his attack, he is unaware of any potential interest in the former Manchester United striker.
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"Wow. Not that I am aware of," Hughton told reporters when asked about the Owen rumours. "It is no surprise because at this stage of the window you get linked with lots of names that are not true.
"That is very much a new one to me. It is an area we are looking it to do something but that would have to be the right player."
Owen recently admitted that he expects to find a new team shortly, and that he had been in contact with a number of clubs.
"I have been in contact with quite a few teams and I definitely expect to be donning a new shirt quite soon," he told Sky Sports.
"I've spoken to quite a few teams and it's a case of picking the best which is going to suit me and my family.
"I've said before I'd prefer that to be in the Premier League and that remains the case."